LON:THRL

Target Healthcare REIT (THRL) Share Price, News & Analysis

GBX 78.20
+0.10 (+0.13%)
(As of 04/23/2024 ET)
Today's Range
78.20
79
50-Day Range
75.50
84.20
52-Week Range
66.30
88.90
Volume
736,655 shs
Average Volume
954,276 shs
Market Capitalization
£485.03 million
P/E Ratio
868.89
Dividend Yield
7.67%
Price Target
N/A
THRL stock logo

About Target Healthcare REIT Stock (LON:THRL)

UK listed Target Healthcare REIT plc (THRL) is an externally managed Real Estate Investment Trust which provides shareholders with an attractive level of income, together with the potential for capital and income growth, from investing in a diversified portfolio of modern, purpose-built care homes. The Group's portfolio at 31 December 2023 comprised 98 assets let to 32 tenants with a total value of £911.1 million. The Group invests in modern, purpose-built care homes that are let to high quality tenants who demonstrate strong operational capabilities and a strong care ethos. The Group builds collaborative, supportive relationships with each of its tenants as it believes working in this way helps raise standards of care and helps its tenants build sustainable businesses. In turn, that helps the Group deliver stable returns to its investors.

THRL Stock Price History

THRL Stock News Headlines

Target Hospitality's Earnings Outlook
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LSE:THRL (Target Healthcare REIT PLC)
Target Healthcare REIT Ord (THRL.L)
18 Analysts Have This to Say About Target
THRL.L - Target Healthcare REIT Limited
Target Healthcare REIT Limited (THRL.L)
See More Headlines
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Company Calendar

Ex-Dividend for 2/23 Dividend
2/08/2024
Dividend Payable
2/23/2024
Today
4/23/2024

Industry, Sector and Symbol

Industry
REIT - Healthcare Facilities
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
£58.37 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£67.77 million
Cash Flow
GBX 5.44 per share
Book Value
GBX 107 per share

Miscellaneous

Free Float
N/A
Market Cap
£485.03 million
Optionable
Not Optionable
Beta
0.38
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Key Executives

  • Mr. Kenneth Macangus MacKenzie C.A. (Age 74)
    M.A., MA CA, Founder & Chief Executive of Target Fund Managers Limited
  • Mr. Gordon Bland BAcc CA
    C.A., Finance Director of Target Fund Managers Limited
  • Mr. John Flannelly BAcc FCA
    F.C.A., Head of Investment - Target Fund Managers Limited
  • Mr. Andrew Brown
    Head of Healthcare - Target Fund Managers Limited
  • Mr. Scott Steven M.A.
    Head of Asset Management - Target Fund Managers Limited
  • Mr. Donald Cameron B.Com.
    C.A., Company Secretary & Director of Financial Reporting - Target Fund Managers Limited

THRL Stock Analysis - Frequently Asked Questions

How have THRL shares performed in 2024?

Target Healthcare REIT's stock was trading at GBX 86.30 at the beginning of the year. Since then, THRL stock has decreased by 9.4% and is now trading at GBX 78.20.
View the best growth stocks for 2024 here
.

How often does Target Healthcare REIT pay dividends? What is the dividend yield for Target Healthcare REIT?

Target Healthcare REIT declared a dividend on Thursday, February 1st. Stockholders of record on Thursday, February 8th will be paid a dividend of GBX 1.43 per share on Friday, February 23rd. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, February 8th. The official announcement can be viewed at this link.
Read our dividend analysis for THRL
.

Is Target Healthcare REIT a good dividend stock?

Target Healthcare REIT (LON:THRL) pays an annual dividend of GBX 6 per share and currently has a dividend yield of 7.05%. THRL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 6,666.67%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for THRL.

What other stocks do shareholders of Target Healthcare REIT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Target Healthcare REIT investors own include Cambian Group (CMBN), Realty Income (O), Empiric Student Property (ESP), BHP Group (BHP), Black Box (BBOX), Basf (BASFY), Bank of America (BAC), Boeing (BA) and Adtalem Global Education (ATGE).

How do I buy shares of Target Healthcare REIT?

Shares of THRL stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:THRL) was last updated on 4/23/2024 by MarketBeat.com Staff

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